RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0411%/8h= −45.1% APRnext payment −$2.06 per $10,000 · paid last 24h −0.004%

Price spread now: Variational Omni against Bybit+0.023%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.023% dearer against Bybit than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 4 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit RAVEUSDT	0.1998	0.1352	pay 0.0676% / 4h	28m 24s	$2.4M	$937K	25x
Short	Variational Omni RAVE	0.1998	0.0941	get 0.0470% / 4h	28m 24s	$2K	$1K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee Variational OmnibpOrdersPrice spread, now +0.023%Rate

Funding earned: −$86.41
Price spread: +0.023% → 0.000%: $2.25
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$95.16
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 4 min ago	2.50 bp	77.2 bp −$77	214.0 bp −$2,140	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

RAVE on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget RAVEUSDT	+0.0100%	4h	0.2005	+0.360%	$2.9M	$804K	20x	as long as short
SunX RAVE-USDT	+0.0100%	4h	0.2000	+0.125%	$2K	$773K	20x	as long as short
HTX RAVE-USDT	+0.0100%	4h	0.2003	+0.240%	$44K	$34K	20x	as long as short
Variational Omni RAVEshort	+0.0941%	4h	0.1998	+0.023%	$2K	$1K	—
BloFin RAVE-USDT	+0.0967%	4h	0.2002	+0.215%	$244K	$19K	20x	as long as short
MEXC RAVE_USDT	+0.1016%	4h	0.2001	+0.165%	$2.4M	$526K	50x	as long as short
Binance RAVEUSDT	+0.1023%	4h	0.1999	+0.065%	$4.5M	$3.8M	20x	as long as short
Bybit RAVEUSDTlong	+0.1352%	4h	0.1998	long leg	$2.4M	$937K	25x
Gate RAVE_USDT	+0.1418%	4h	0.1995	−0.135%	$1.0M	$514K	25x	as long as short
BingX RAVE-USDT	+0.1434%	4h	0.2005	+0.365%	—	$2.3M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX RAVE-USDT-SWAP	+0.1499%	4h	0.2002	+0.215%	$1.5M	$3.0M	20x	as long as short
Aster RAVEUSDT	+0.1683%	4h	0.1998	+0.015%	$26K	$44K	5x	as long as short
KuCoin RAVEUSDTM	+0.1828%	4h	0.1997	−0.015%	$2.2M	$8.1M	20x	as long as short